Narrow search
Showing 1 - 10 of 677
Cover Image
Regional Financial Interlinkages and Financial Contagion Within Europe
Ötker, Inci - 2009
This paper focuses on financial interlinkages within Europe and potential contagion channeled through these … channels of contagion through financial linkages; and assesses the magnitude of cross-border exposures between emerging and … regional contagion that could help identify the likely pressure points and capture potential spillover effects an …
Persistent link: https://www.econbiz.de/10012677707
Cover Image
Regional Financial Spillovers Across Europe
Sgherri, Silvia - 2009
paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers …
Persistent link: https://www.econbiz.de/10012677717
Cover Image
Common Volatility Trends in the Central and Eastern European Currencies and the Euro.
Pramor, Marcus - 2006
Intro -- Contents -- I. INTRODUCTION -- II. METHODOLOGY AND DATA -- III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN …
Persistent link: https://www.econbiz.de/10012691001
Cover Image
Autocorrelation-Corrected Standard Errors in Panel Probits; An Application to Currency Crisis Prediction
Berg, Andrew; Coke, Rebecca N. - International Monetary Fund (IMF) - 2004
Many estimates of early-warning-system (EWS) models of currency crisis have reported incorrect standard errors because of serial correlation in the context of panel probit regressions. This paper documents the magnitude of the problem, proposes and tests a solution, and applies it to previously...
Persistent link: https://www.econbiz.de/10005768958
Cover Image
Trade Openness and Volatility
Levchenko, Andrei A. - 2008
This paper examines the mechanisms through which output volatility is related to trade openness using an industry … appreciable impact on aggregate volatility. Added together they imply that the relationship between trade openness and …
Persistent link: https://www.econbiz.de/10012677612
Cover Image
Political Instability and Inflation Volatility.
Aisen, Ari - 2006
Persistent link: https://www.econbiz.de/10012690971
Cover Image
Financial Integration: A New Methodology and an Illustration
Flood, Robert P. - 2004
Persistent link: https://www.econbiz.de/10014275662
Cover Image
Currency Crisis and Contagion; Evidence From Exchange Rates and Sectoral Stock Indices of the Philippines and Thailand
Nagayasu, Jun - International Monetary Fund (IMF) - 2000
This paper analyzes empirically the recent Asian financial crisis using high frequency data of exchange rates and stock indices of the Philippines and Thailand. Utilizing standard time-series techniques, this study confirms that there is evidence that developments in some sectoral...
Persistent link: https://www.econbiz.de/10005263754
Cover Image
Unanticipated Shocks and Systemic Influences; The Impact of Contagion in Global Equity Markets in 1998
González-Hermosillo, Brenda; Martin, Vance; Fry, Renee; … - International Monetary Fund (IMF) - 2003
14 developing and industrial countries. The results show that contagion was systemic during the period, with industrial … importance of studying them jointly. An implication of the empirical results is that models of contagion that exclude industrial …
Persistent link: https://www.econbiz.de/10005769188
Cover Image
Financial Spillovers to Emerging Markets During the Global Financial Crisis
Frank, Nathaniel; Hesse, Heiko - International Monetary Fund (IMF) - 2009
In this paper potential financial linkages between liquidity and bank solvency measures in advanced economies and emerging market (EM) bond and stock markets are analyzedduring the latest crisis. A multivariate GARCH model is estimated in order to gauge the extent of co-movements of these...
Persistent link: https://www.econbiz.de/10008528671